Earlier this month we published an article on the recent boom of revamped and modernized SCARA robots, but we didn’t discuss the many other android machines used in the manufacturing world including articulated robots, cartesian robots, and cylindrical robots. These robots are being increasingly adopted in a wide range of industries, especially in the electrical and electronics sector. In fact, the Global Industrial Robots Market in just the electrical and electronics industry is currently valued at upwards of US $4 million and is forecasted to continue growing at a CAGR of 5.14 percent for the 2012-2016 time period.
This revenue in the Global Industrial Robotics market in the Electrical and Electronics industry is spread across the following six categories in terms of application, with more than half of all revenue coming from the electronic devices and communication equipment segments:
The use of robotics in these sectors is expected to gain even more traction thanks to a few major trends including increasing adoption of customized robots, emergence of next-generation industrial robots, and a need for multipurpose robotic systems.
It seems like just yesterday that robots were thought of as high-tech novelties from a far-off future, but the fact is, the future is now and robotics have become an integral part of our lives-especially in the industrial world. With this in mind, we at TechNavio are very excited to continue monitoring the Global Industrial Robotics market in the Electrical and Electronics industry and can’t wait to see the developments that flourish throughout the next few years!
For more info, view our 2012-2016 report on the Global Industrial Robotics market in the Electrical and Electronics industry.
Other Related Reports:
Global Automotive Industrial Robotics Market 2012-2016
Global Industrial Robotics Market in Food and Beverage Industry 2012-2016
